As a subject matter expert in Financial Security (FS) and KYC, the Compliance Manager serves as the primary point of contact for regulatory queries and provides expert guidance on Group policies and local obligations. The role is responsible for performing level 1 operational controls, monitoring regulatory evolutions within the territory, and overseeing the compliance aspects of associated projects to ensure robust risk management and escalation.
Opines: Provide formal written opinion when required, such as:
- KYC files (including CCSC, CAC)
- Sanctions & AML cases
- Financial security / AML alerts and RFIs
- Financial security clause contractual reviews and escalations
- Reverse KYC and AML Assurance requests
- Blacklist update reviews
- Advice on screening hits and escalation where required
Governance and reporting:
- Coordinating / producing FS & KYC specific reporting
- Coordinating and managing production of FS & KYC specific governance meetings material in which compliance participates
- Attending and participating in FS & KYC meetings and calls
Subject matter expert in the FS & KYC compliance policies and the application and deployment thereof. Understanding of and being able to interpret the application of compliance policies and procedures relating to the Financial Security function and providing advice on same.
Policy and Compliance environment evolution:
- Proactive 'watch' for evolutions originating from local law, regulators and / or Group policy
- Conducts comprehensive analyses of the impact of compliance framework evolutions to business lines active within the Territory, determines the developments required to implement those changes, and ensures implementation of same (participating in and / or project managing projects as required)
- Ensures the quality and integrity of compliance policy and procedures and maintain a repository for same, creating or updating existing local policies to include evolutions were required (highest standard principle). Develops training program for evolutions and conducts training sessions as appropriate
Advice:
- Entry point for all FS & KYC compliance related queries from the business
- Timely review of all queries raised to determine the appropriate action, including escalation of sensitive transactions, incidents and investigations as required
- Proactively works to determine the impact of any policy, legal or regulatory changes to the business
- Coordinate and manage all FS related regulatory inspections related to the territory
Controls:
- Adapt control plans (if needed) and oversee level 2 controls relating to FS & KYC control plans
- Timely response to TRM FS & KYC requests
Training:
- Deliver allocated FS & KYC face to face / virtual compliance training
Projects:
- Involvement in FS & KYC related projects as required
Support:
- Provide support and back-up to the Head of Financial Security, Australia and New Zealand, as required
- Support the Territory Chief Compliance Officer, Australia & New Zealand, as required
- Proficient in the use of compliance tools and systems
About BNP Paribas
BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management - a bridge between corporate and institutional clients.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
- BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community.
- BNP Paribas MixCity which fosters better representation of women at all levels of the organization.
- Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
- BNP Paribas CulturAll which celebrates diverse backgrounds.
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.admin [at] asia.bnpparibas (dot) com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).
https://careers.apac.bnpparibas/
More information
BNP Paribas - Diversity & Inclusion Journey
BNP Paribas - The Bank Of Green Changes
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
